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[QUOTE="Queen, post: 86326, member: 27"]
A billion-dollar catalog machine just doubled down on AI-first songwriting economics, signaling money and leverage are shifting toward hybrid labels fast.

Create Music Group dealmaking streak
[LIST]
[*]Create Music Group reached a $1 billion valuation in 2024.
[*]Funding totaled $165 million during that investment round.
[*]Acquisitions expanded catalogs, labels, and joint ventures.
[*]Backing extended to a $500 million Circuit Group fund.
[/LIST]
dai + drm joint venture launch
[LIST]
[*]Romel Murphy partnered with Create Music Group on dai + drm.
[*]Venture operates as a hybrid AI and traditional label.
[*]Songwriters keep equity across masters and publishing.
[*]Strategy pushes AI tools without surrendering control.
[/LIST]
Xania Monet proof point
[LIST]
[*]Xania Monet operates under manager Romel Murphy.
[*]Telisha Jones generated music using Suno inputs.
[*]Spotify plays passed 11 million for one track.
[*]Monthly listeners reached 1.2 million on Spotify.
[/LIST]
Roster and strategic alignment
[LIST]
[*]dai + drm signed Solomon Ray and Nova Sole.
[*]Traditional artists include Jenneske, Renee Harmoni, and IME Casino.
[*]Jonathan Strauss publicly backed Murphy’s leadership.
[*]Partnership reflects long-term belief in AI-driven growth.
[/LIST]
[/QUOTE]

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